Q1 Earnings Estimate for MLTX Issued By HC Wainwright

MoonLake Immunotherapeutics (NASDAQ:MLTXFree Report) – Equities researchers at HC Wainwright issued their Q1 2027 earnings estimates for shares of MoonLake Immunotherapeutics in a research note issued to investors on Monday, March 30th. HC Wainwright analyst R. Selvaraju anticipates that the company will post earnings per share of ($0.70) for the quarter. HC Wainwright currently has a “Buy” rating and a $40.00 target price on the stock. The consensus estimate for MoonLake Immunotherapeutics’ current full-year earnings is ($1.79) per share. HC Wainwright also issued estimates for MoonLake Immunotherapeutics’ Q2 2027 earnings at ($0.82) EPS, Q3 2027 earnings at ($0.91) EPS and Q4 2027 earnings at ($0.67) EPS.

Other equities analysts also recently issued reports about the company. Oppenheimer upped their price target on MoonLake Immunotherapeutics from $30.00 to $35.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. UBS Group set a $24.00 target price on MoonLake Immunotherapeutics in a research note on Friday, January 9th. Needham & Company LLC upped their target price on MoonLake Immunotherapeutics from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Wolfe Research upgraded MoonLake Immunotherapeutics from an “underperform” rating to an “outperform” rating and increased their price target for the company from $12.00 to $24.00 in a research note on Monday, March 23rd. Finally, Royal Bank Of Canada raised their price target on MoonLake Immunotherapeutics from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $23.08.

Get Our Latest Stock Report on MLTX

MoonLake Immunotherapeutics Price Performance

Shares of MLTX opened at $16.93 on Tuesday. The company has a 50 day moving average of $16.87 and a two-hundred day moving average of $17.13. The company has a quick ratio of 9.27, a current ratio of 9.27 and a debt-to-equity ratio of 0.24. MoonLake Immunotherapeutics has a twelve month low of $5.95 and a twelve month high of $62.75. The company has a market cap of $1.21 billion, a price-to-earnings ratio of -4.81 and a beta of 1.20.

MoonLake Immunotherapeutics (NASDAQ:MLTXGet Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported ($0.92) EPS for the quarter, hitting the consensus estimate of ($0.92). During the same quarter in the prior year, the business posted ($0.72) EPS.

Institutional Investors Weigh In On MoonLake Immunotherapeutics

Large investors have recently bought and sold shares of the company. Cormorant Asset Management LP raised its position in MoonLake Immunotherapeutics by 118.4% during the 4th quarter. Cormorant Asset Management LP now owns 4,355,433 shares of the company’s stock worth $57,405,000 after buying an additional 2,361,260 shares during the last quarter. Janus Henderson Group PLC lifted its stake in MoonLake Immunotherapeutics by 18,782.8% during the 4th quarter. Janus Henderson Group PLC now owns 2,095,988 shares of the company’s stock valued at $27,657,000 after acquiring an additional 2,084,888 shares during the period. Logos Global Management LP purchased a new stake in shares of MoonLake Immunotherapeutics in the 4th quarter valued at $23,065,000. Alliancebernstein L.P. boosted its holdings in shares of MoonLake Immunotherapeutics by 17.8% in the 2nd quarter. Alliancebernstein L.P. now owns 1,138,022 shares of the company’s stock valued at $53,715,000 after acquiring an additional 171,932 shares during the last quarter. Finally, Vivo Capital LLC acquired a new stake in shares of MoonLake Immunotherapeutics in the fourth quarter worth $13,180,000. Hedge funds and other institutional investors own 93.85% of the company’s stock.

About MoonLake Immunotherapeutics

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MoonLake Immunotherapeutics, a clinical-stage biopharmaceutical company, engages in developing therapies. It develops Sonelokimab, a novel investigational Nanobody for the treatment of inflammation diseases; and hidradenitis suppurativa, psoriatic arthritis, axial spondyloarthritis, and psoriasis. MoonLake Immunotherapeutics was incorporated in 2020 and is headquartered in Zug, Switzerland.

See Also

Earnings History and Estimates for MoonLake Immunotherapeutics (NASDAQ:MLTX)

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